findings from a coalition against insurance fraud and sas ...€¦ · saw increased fraud over the...

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PREDICTIVE ANALYTICS LINK/SOCIAL MEDIA ANALYSIS 43% [up from 16% in 2016] DATA INTEGRATION / DATA QUALITY LIMITED IT RESOURCES ABOUT TWO-THIRDS OF INSURERS SAW INCREASED FRAUD OVER THE LAST 3 YEARS 65% Increased 10% Decreased 25% Remained the same 64% [up from 19% in 2016] THE STATE OF ANTI-FRAUD TECH IN INSURANCE Findings from a Coalition Against Insurance Fraud and SAS survey report INSURERS PLAN TO RETOOL THEIR ANTI-FRAUD ARSENALS BY INVESTING IN ADVANCED ANALYTICS IN THE NEXT 12-14 MONTHS DETECTING CLAIMS FRAUD REMAINS THE NO. 1 USE OF ANTI-FRAUD TECHNOLOGY ARTIFICIAL INTELLIGENCE 21% [new category] INSURERS SAY THE TOP ANTI-FRAUD CHALLENGES ARE: 3 4 OUT OF sas.com/insurancesurvey © 2019 SAS Institute Inc. Cary, NC, USA. All rights reserved. 110385_G102388.0319

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Page 1: Findings from a Coalition Against Insurance Fraud and SAS ...€¦ · SAW INCREASED FRAUD OVER THE LAST 3 YEARS 65% Increased 10% Decreased 25% Remained the same 64% [up from 19%

PREDICTIVE ANALYTICS LINK/SOCIAL MEDIAANALYSIS

43%[up from 16% in 2016]

DATA INTEGRATION / DATA QUALITY

LIMITED IT RESOURCES

ABOUT TWO-THIRDS OF INSURERS SAW INCREASED FRAUD OVER THE LAST 3 YEARS

65%Increased

10%Decreased

25%Remained the same

64%[up from 19% in 2016]

THE STATE OF ANTI-FRAUD TECH IN INSURANCE

Findings from a Coalition Against Insurance Fraud and SAS survey report

INSURERS PLAN TO RETOOL THEIR ANTI-FRAUD ARSENALS BY INVESTING IN ADVANCED ANALYTICS IN THE NEXT 12-14 MONTHS

DETECTING CLAIMS FRAUD REMAINS THE NO. 1 USE OF ANTI-FRAUD TECHNOLOGY

ARTIFICIAL INTELLIGENCE

21%[new category]

INSURERS SAY THE TOP ANTI-FRAUD CHALLENGES ARE:3 4OUT OF

sas.com/insurancesurvey© 2019 SAS Institute Inc. Cary, NC, USA. All rights reserved. 110385_G102388.0319

https://www.sas.com/en/white-papers/coalition-against-insurance-fraud-the-state-of-insurance-fraud-technology-105976.html

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